Common use of Application of Moneys in Trust Account Clause in Contracts

Application of Moneys in Trust Account. Subject to Section 4.5, all moneys held by the Collateral Agent in the Trust Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Trustee pursuant to Section 4.5) by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Evergreen Solar Inc), Collateral Trust Agreement (Evergreen Solar Inc)

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Application of Moneys in Trust Account. Subject to Section 4.5, 4(e) all moneys or other property held by the Collateral Agent in the Trust Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Senior Indenture Trustee and the Additional Authorized Representative pursuant to Section 4.54(e)) by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Collateral Trust Agreement, Collateral Trust Agreement (Ak Steel Holding Corp)

Application of Moneys in Trust Account. Subject to Section 4.5, all All moneys held by the Collateral Agent in the Trust Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Indenture Trustee and each New Representative pursuant to Section 4.54.05) by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Collateral Trust Agreement (Harbinger Group Inc.), Indenture (Harbinger Group Inc.)

Application of Moneys in Trust Account. Subject to Section 4.54.5 and the Intercreditor Agreement, all moneys held by the Collateral Agent in the Trust Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Indenture Trustee and each New Second Lien Representative pursuant to Section 4.5) by the Collateral Agent as follows:

Appears in 1 contract

Samples: Collateral Trust Agreement (Eastman Kodak Co)

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Application of Moneys in Trust Account. Subject to Section 4.5, all moneys held by the Collateral Agent in the Trust Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Trustee Trustees pursuant to Section 4.5) by the Collateral Agent as follows:

Appears in 1 contract

Samples: Collateral Trust Agreement (Evergreen Solar Inc)

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